Numb

Discussion in 'Trading' started by DisciplinedHedg, Oct 24, 2008.

  1. Has the market become numb to these -8% asian and european days? Or is this the calm before the storm.

    The market is relatively calm for the VIX being in the high 70's, that we broke our Oct lows, and that the market opened lock limit down.

    You wouldn't know from the uptrend so far that the market is over 90% decliners and over 1000 new lows.

    So it turns out the ones who panicked were the overnighters? And those that woke up this morning with no clue get better prices?

    Makes sense to me!